Ellison cited her testimony against ex-boyfriend Sam Bankman-Fried.
Caroline EllisonEllison's attorneys urged Judge Lewis Kaplan to be lenient when he sentences her Tuesday afternoon, arguing Ellison "unflinchingly acknowledged her own wrongdoing, without minimization, blame shifting or self-pity." They added, "She time and again proved herself an enormously credible and important cooperating witness" against her on again-off again boyfriend, former FTX CEO Sam Bankman-Fried.
"Although she did not blow the whistle on any misconduct before FTX's collapse, she came clean prior to FTX's declaring bankruptcy to her employees on November 9, 2022," prosecutor Danielle Sassoon wrote in a letter to the judge. "Ellison approached her cooperation with remarkable candor, remorse, and seriousness."Prosecutors declined to make a specific sentencing recommendation.
"Caroline moved around the globe at his direction, first to Hong Kong and later the Bahamas" while working "long, stressful, Adderall-fueled hours," Sahni said.
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